Question
The Forward Markets Commission (FMC) was merged with
which among the following in September 2015?Solution
FMC was the regulator of the commodities market in India. It was merged with SEBI in September 2015. SEBI is the regulator of the capital market in India and it was established in 1988 though it became an autonomous body by an act of the Parliament in 1992. SEBI is based in Mumbai, Maharashtra.
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